Blog Post: Day 2 of $QQQ short term up-trend, but GMI still RED; $QQQ up against its descending trend line, see daily chart

1 thought on “Blog Post: Day 2 of $QQQ short term up-trend, but GMI still RED; $QQQ up against its descending trend line, see daily chart”

1. The SP500 and DJIA have already broken above the same resistance line. They are leading the Nasdaq. Market is in a new downtrend though we are in a major upswing within that. And right now we’re overbought so need to wait for a small pullback before buying in.

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